Championship Hearts Foundation
- Assets
- $19.9k
- Revenue
- $292.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 11/2000
- Data as of
- 12/2021
- EIN
- 74-2938750
Organization Overview
Championship Hearts Foundation is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (H43) the organization is classified as: Heart & Circulatory System Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Championship Hearts Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Championship Hearts Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Championship Hearts Foundation generated $292.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $287.5k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD THE NATION IN COST EFFECTIVE HEART SCREENING FOR ADOLESCENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IMPROVED CARDIOVASCULAR AWARENESS AND OVERALL HEALTH THROUGH SEVERAL PUBLIC EVENTS INCLUDING HEART SCREENINGS OF YOUNG ATHLETES AND THROUGH CONTINUED RESEARCH VIA A SCIENTIFIC DATA REGISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Garcia Executive Director | Officer | 40 | $46,538 |
Silvana Molossi MD PHD VP - S & R | OfficerTrustee | 1 | $0 |
Jon Morgan Treasurer | OfficerTrustee | 1 | $0 |
Arnold Fenrich MD President | OfficerTrustee | 2 | $0 |
Jack Louis MD Director | OfficerTrustee | 0.25 | $0 |
Matt Nader Secretary | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,720 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,106 |
| Noncash contributions included in lines 1a–1f | $165,907 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,826 |
| Total Program Service Revenue | $8,403 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,302 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $292,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $46,358 |
| Compensation of current officers, directors, key employees. | $4,636 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,339 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,949 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,612 |
| Advertising and promotion | $2,142 |
| Office expenses | $4,823 |
| Information technology | $18,666 |
| Royalties | $0 |
| Occupancy | $3,550 |
| Travel | $1,956 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,147 |
| Insurance | $4,283 |
| All other expenses | $0 |
| Total functional expenses | $287,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,506 |
| Savings and temporary cash investments | $760 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,490 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,193 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,949 |
| Accounts payable and accrued expenses | $3,152 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,152 |
| Net assets without donor restrictions | $16,797 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,949 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Championship Hearts Foundation has recieved totaling $348.
| Awarding Organization | Amount |
|---|---|
Alliance Texas Foundation Fort Worth, TX PURPOSE: IMPROVE CARDIVASCULAR AWARENESS AND OVERALL HEALTH THROUGH SEVERAL PUBLIC EVENTS INCLUDING HEART SCREENINGS OR YOUNG ATHLETES AND THROUGH CONTINUED RESEARCH VIA A SCIENTIFIC DATA REGISTRY. | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $98 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Heart Institute Houston, TX | $283,896,438 | $58,909,835 |
Leducq Foundation For Cardiovascular Research Houston, TX | $65,970,226 | $8,208,035 |
Oklahoma Heart Hospital Research Foundation Oklahoma City, OK | $1,593,414 | $1,143,021 |
Johnsie & Aubary Montgomeryinstitute Of Med Edu & Research Inc Houston, TX | $940,251 | $444,645 |
Oklahoma Heart Research And Education Foundation Tulsa, OK | $380,422 | $410,637 |
Championship Hearts Foundation Austin, TX | $19,949 | $292,532 |
Interventional Cardiology Research Foundation Metairie, LA | $1,734,129 | $181,595 |
Housten Center For Vascular Health Houston, TX | $69,087 | $0 |
Coastal Heart Foundation San Antonio, TX | $117,119 | $8,564 |
Cardiopulmonary Research Science and Technology Institute Dallas, TX | $217,260 | $0 |